The realty sector in India is majorly driven by the increasing demand for residential buildings. In line with rapid urbanization and the inflating per capita income of individuals.
Furthermore, the sector is being boosted by increased demand for houses in metropolitan cities and a new lodging trend in urban and semi-urban regions.
Additionally, the Indian government has implemented policies such as the Real Estate Act and the Smart Cities Mission to aid in the rise of the real estate business.
The Indian government is promoting affordable housing for every individual by implementing programs such as the PM Awaas Yojana as well as through capital investment of Rs 10,000 crore in the upcoming fiscal year.
According to the International Industry Analysis Research and Consulting Group, the Indian real estate industry is expected to grow at a CAGR of 9.2% by 2028.
Easing interest rates are acting as a catalyst to render home loans more accessible and increased residential property investments have propelled the growth of the real estate sector. This may result in increased use of the products that serve as the framework of the real estate sector.
Here are the nine stocks that make your home luxurious;
Polycab India Ltd:
Polycab India Ltd belongs to the large-cap category with a market capitalization of Rs 85,048 crore. The company shares have gained a multibagger return of 112 percent on a year-to-date basis.
Polycab is India’s leading manufacturer of cables and wires and allied products such as uPVC conduits lugs and glands. It has a wide range of consumer electrical products like Fans, Switches, Switchgear, LED lights and Luminaries, Solar Inverters, and Pumps. Polycab is the market leader in the wire & cable business with an organised market share of 22%-24%.
Astral Ltd:
Astral Ltd belongs to the large-cap category with a market capitalization of Rs 50,099 crore. The company shares have gained a return of 24 percent in a year and 26 percent on a year-to-date basis.
Astral Poly Technik Ltd is engaged in the manufacturing of CPVC plumbing systems for both residential and industrial applications and ASTM solvent weld lead-free PVC plumbing systems.
Crompton Greaves Consumer Electricals Ltd:
Crompton Greaves belongs to the mid-cap category with a market capitalization of Rs 19,023 crore. The company shares have gained 3.5 percent in the last month.
Crompton Greaves Consumer Electricals Limited is one of the leading consumer companies in India. The company is in the business segment of Lighting and Electrical Consumer Durables and the company markets its product under the brand name “Crompton”.
Kajaria Ceramics Ltd:
Kajaria Ceramics Ltd belongs to the Mid-cap category with a market capitalization of Rs 21,477 crore. The company shares have gained a return of 23 percent in a year and 16 percent on a year-to-date basis.
Kajaria Ceramics Ltd is primarily engaged in the manufacturing and trading of ceramic and vitrified tiles in India. It is the largest manufacturer of ceramic/ vitrified tiles in India and 8th largest in the world.
In FY22, tiles accounted for around 91% of the company’s revenues while the rest of the products accounted for 9% of revenues.
The company product Portfolio includes ceramic wall & floor tiles, polished & glazed vitrified tiles, bath-ware solutions, and plywood & laminates.
Cera Sanitaryware Ltd.:
Cera Sanitaryware belongs to the small-cap category with a market capitalization of Rs 10,485 crore. The company shares have gained a return of 53 percent in a year and 51 percent on a year-to-date basis.
Cera Sanitaryware is a pioneer in the sanitaryware segment in India. The company is engaged in the business of manufacturing, selling, and trading various kinds of building products.
The company’s product range includes a wide range of showers, kitchen sinks, seat covers, urinals, wash basins, plastic cisterns and EWC, a full range of taps such as singer lever fitting, quarter turn fittings, half turn fittings, showers, and other accessories.
Asian Paints Ltd:
Asian Paints Ltd belongs to a large-cap category with a market capitalization of Rs 3,16,262crore. The company shares have gained a return of 7 percent in a year.
Asian Paints is India’s largest and leading paint manufacturer.Company serves customers in more than 60 countries across the globe.
Asian Paints leads the paint sector with 59 percent of the market, followed by Berger and Kansai Nerolac. The paints business generates 98% of the company’s revenue, while the home improvement sector generates 2%.
The company is in the business of wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanised tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and uPVC windows.
The company markets its products under the brand name Asian Paints, Apco,Weather Seal, Apco, Taubman, Kadisco, Scib etc.
Greenply Industries Ltd:
Greenply Industries belongs to a small-cap category with a market capitalization of Rs 2,769 crore. The company shares have gained a return of 28 percent in the last six months and 50 percent in a year.
Greenply Industries Limited is amongst the leading plywood manufacturers in India with a 26% share of the organised market. Greenply offers a wide range of panel products including plywood, block boards, decorative veneers, doors, and film-faced plywood, among others.
The Company’s product portfolio comprises plywood and blockboards, decorative veneers, flush doors, specialty plywood, and Polyvinyl Chloride (PVC) products.
Blue Star Ltd:
Blue Star belongs to a mid-cap category with a market capitalization of Rs 17,800 crore. The company shares have gained a return of 15 percent in the last six months and 51 percent in a year.
Blue Star manufactures air purifiers, air coolers, water purifiers, cold storage, and specialty products. The Company offers turnkey solutions in MEP (Mechanical, Electrical, Plumbing, and Fire-fighting) Projects.
Blue Star has a market share of 13.5 percent and In Jammu and Kashmir, the company commands a market share of 14 percent.
Rushil Decor Ltd:
Rushil Decor belongs to a mid-cap category with a market capitalization of Rs 973 crore. The company shares have gained a return of 17 percent in the last six months.
Rushil Décor Ltd is one of the leading companies in the Laminate and MDF panel boards industry in India with a global footprint in and around 51+ countries.
The company is mainly is engaged in the business of manufacturing and sale of Laminate Sheets, Medium Density Fiberboard, Pre Laminated Medium Density Fiberboard boards, Polyvinyl Chloride (PVC) Board, and Particle Board
Written by Omkar Chitnis
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